US gasoline inventory draws likely resumed in the week ended April 30, an S&P Global Platts survey of analysts showed May 3, amid an uptick in end-user demand. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Total US gasoline stocks are expected to have declined 500,000 barrels last week to around 234.6 million barrels, analysts said. The draw would snap four consecutive weekly builds that had pushed inventories to their highest since late February, though would narrow the deficit to the five-year average of US Energy Information Administration data to 2.4% from 2.6% the week prior. The expected decline comes amid signs that US gasoline consumption is edging higher ahead of the high-demand summer driving season. Apple Mobility data shows US […]

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